Every coupon makes the store more money since they get a handling fee from the manufacturer. To make the most of coupons we share four tips: wait for a sale, use shelf coupons later, use bonus points, and look for mail-in rebates.
Every coupon you use at the store gets reimbursed. Accepting the coupon is costing the store nothing – and it’s actually making the store money as they are given a handling fee from the manufacturer that has chosen to release the coupon. Despite the fact that the coupons aren’t costing the store anything to accept, there are a few things the store isn’t going to tell you when it comes to maximizing the value of those coupons.
Here are four of the ways that you can make the most of manufacturer coupons:
Wait For a Sale to Use Coupons
For those of you that are new to coupons; you can indeed walk into a store and use those coupons with a price of an item already on sale. In fact, this is the best time to do it. The coupon value is going to be increased because of the lower price of the product, leaving more money in your pocket.
Now, you will need to know the difference between a sale (a price advertised in the circular that changes from week to week) and clearance (drastically reduced items that the store is trying to clear out of stock). There are some stores that will not allow you to use coupons on clearance items. Checking with the customer service desk at the store, or reading over a copy of the store’s coupon policy online, can help you know which stores allow coupons on clearance items.
Wait to Use Those Coupons You Find on Our Shelves
For the most part, coupons that are found on the store shelves (referred to as tear pad coupons) aren’t going to provide you with the best value when used at the store where you found them at, at that particular time. You are better off to check the expiry date of the coupon and save for a lower price, to get the most bang for your buck.
If you are going to buy the product anyway – use the coupon. If you can wait, wait for a lower price to combine with the cents off deal.
Wait for Bonus Points Offers to Use Coupons
Do you shop somewhere that offers bonus points for the groceries and other household items you are purchasing? If you have a coupon for the items you are purchasing, most stores will allow you to double dip. On one hand you can get the product at a lower price and on the other hand you can earn bonus points for those products.
Bonus points, miles and store programs are worth it to sign up for. Using coupons and combining the coupons with sales and promotions, you can sometimes even make money while you are shopping for your weekly food and household staples.
Look for Mail in Rebates to Combine Coupons With
One of the easiest ways to make money while you are shopping is to use two offers, like mail in rebates and coupons, and combine them together. Combining the two offers together can allow you to initially use a coupon to purchase the product eligible for the mail in rebate at a discounted price – and then receive the full value of the mail in rebate back, via check.
Read the fine print on the back of the mail in rebate. As long as there is no wording that prevents coupon use towards the cost of the item, it’s a win-win situation. You get the product for free with the mail in rebate and you receive a check that is higher than the actual value that you spent on the product.
What about you? Do you have any shopping tips that can maximize the value of coupons at the supermarket?
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